Learn · 34 guides
Plain guides to the Nepal share market.
Short, specific reads on the parts of NEPSE most new investors get stuck on: accounts, IPOs, tax, the rules and how to read what the market publishes. Each one is dated and cites where its rules were announced.
New to NEPSE? Start here
- Guides in 5 topics
- 34Guides in 5 topics
- Newest: How to read a Nepali bank's quarterly report
- 14 October 2026Newest: How to read a Nepali bank's quarterly report
- On a review schedule: rules that change get re-read
- 19On a review schedule: rules that change get re-read
- Step by step, for the Punji app, at /guide
- App how-tosStep by step, for the Punji app, at /guide
7 guides
Getting started
Accounts, the exchange and the apps: what to set up before your first trade.
How to invest in the Nepal share market
The whole path in one place: DEMAT and MeroShare, IPOs through CASBA, buying on TMS, the real fees, WACC, EDIS and capital gains tax.
10 min read · 27 August 2026What is NEPSE? A complete guide to the Nepal Stock Exchange
History, listed sectors, indices, trading hours and the rules that shape the Nepali capital market.
6 min read · 11 May 2026How to open a DEMAT account in Nepal
Which DP to visit, documents needed, annual fee framing, and what to do after your BOID arrives.
6 min read · 7 July 2026Mero Share guide: login, IPO application, EDIS and holdings
What Mero Share is, how to log in for the first time, apply for IPOs, authorise sales via EDIS, and view your DEMAT holdings.
7 min read · 7 July 2026How to use the NEPSE TMS
Collateral, limit orders, paying for a purchase, and the EDIS step that actually finishes a sale.
6 min read · 26 August 2026How NEPSE trading works: orders, settlement and circuit breakers
Broker account, limit orders, T+2 settlement, circuit breakers and how cash and shares actually move.
7 min read · 7 July 2026How to choose a NEPSE app
Seven things that separate the apps for the Nepal share market, each checkable in about two minutes. Published by Punji, and it says so.
7 min read · 29 August 2026
6 guides
IPOs and new issues
Applying for an IPO, and how rights, bonus and further issues work.
How to apply for an IPO in Nepal
Step by step: open a DEMAT, link Mero Share, choose the issue, pay through C-ASBA.
7 min read · 11 May 2026SEBON new IPO rules 2026: retail discount and book-building changes
How book-building IPOs work: the 10% retail discount to the cut-off price, the 50-unit minimum, and what to check in the prospectus.
5 min read · 7 July 2026ASBA vs C-ASBA: what is the difference?
Your money is blocked, not taken. What the CRN is for, and the usual reasons an application gets rejected.
4 min read · 26 August 2026FPO vs IPO: what Nepali investors need to know
An FPO comes from a company already listed, and does not have to be priced at Rs 100. What the premium means.
5 min read · 26 August 2026Right shares in Nepal: how to apply, and what happens if you don't
The ratio, the book closure price adjustment, the application flow, and the auction of unsold rights.
6 min read · 26 August 2026Bonus shares vs rights shares in Nepal, explained
How each affects price, quantity and cost basis, and what action (if any) shareholders must take.
6 min read · 7 July 2026
5 guides
Tax and costs
Capital gains tax, fees, WACC and what a sale actually leaves you.
Capital gains tax on NEPSE shares, explained
Short-term vs long-term bands, broker commission, and where the numbers actually come from.
6 min read · 11 May 2026NEPSE CGT rates in FY 2083/84: now 5% short-term and 3.75% long-term
The budget raised capital gains tax from 17 July 2026 and the government cut it to 5% and 3.75% from 22 September. The timeline, worked examples and what it means for holding.
5 min read · 7 July 2026How Punji calculates bonus shares, dividend tax, WACC and breakeven
The exact rules behind every figure: fees, bonus shares at Rs 100, the 5% tax on cash and bonus dividends, rights, WACC, breakeven and capital gains tax, with worked examples.
10 min read · 8 October 2026How to calculate and update WACC in MeroShare
Your average buying price decides your capital gains tax. What WACC means, the exact steps, and what a wrong figure costs.
5 min read · 26 August 2026EDIS in MeroShare: transferring shares after you sell
Selling on the TMS is half the job. The transfer, the T+2 clock, and the penalty for missing the deadline.
5 min read · 26 August 2026
7 guides
Rules and timings
When the market trades, the price limits, and the rules that changed this year.
NEPSE trading hours and session timings
When NEPSE opens, when it closes, and what happens in Pre-Open, continuous trading and the after-market order window.
4 min read · 11 May 2026NEPSE trading calendar and holidays explained
Monday to Friday trading since April 2026, which festivals close the exchange, and how to check live market status.
4 min read · 7 July 2026NEPSE After Market Order (AMO), explained
AMO went live in the TMS on 13 August 2026. Place an order while the market is closed and it queues for the next session. Timings and limits.
4 min read · 7 July 2026NEPSE 15% price limit and circuit breakers explained
April 2026: daily stock limit raised from 10% to 15%. Index circuit breakers at 5% (15-min halt) and 8% (close for day).
5 min read · 7 July 2026Nepal's 21-point capital market reform plan explained
Every dated deadline in the 15 September 2026 plan: margin lending, intraday trading and short selling by mid-October, a second benchmark index and ETFs by mid-December, and the capital gains tax cut that took effect on 22 September.
7 min read · 20 September 2026Margin, intraday and short selling in Nepal, explained
What each one means if you have never met it, which you can legally use on NEPSE today, and what each does to you when the price goes the wrong way.
9 min read · 20 September 2026Margin lending in Nepal: buying shares with borrowed money
SEBON's 2082 directive, the initial margin by company class, and what a margin call actually does to you.
6 min read · 26 August 2026
9 guides
Reading the market
The floorsheet, dividends, valuation and the instruments beyond ordinary shares.
How to read the NEPSE floorsheet (and why it matters)
Where every NEPSE trade leaves a fingerprint. Broker activity, accumulation, block trades.
5 min read · 11 May 2026Dividends in Nepal explained: cash, bonus, tax and key dates
Cash and bonus dividends, book closure dates, 5% withholding tax on cash dividends, and when the money arrives.
5 min read · 7 July 2026How to evaluate banking stocks in NEPSE
Banks are not analysed like other companies. What NPL, capital adequacy and EPS tell you, against the NRB minimums.
7 min read · 26 August 2026How to read a Nepali bank's quarterly report
A real bank report as its three tables, every line explained: balance sheet, profit or loss and the NRB ratios.
8 min read · 14 October 2026P/E ratio and book value, for Nepali stocks
What each actually measures, why face value is not book value, and the bonus-share trap that fools both.
6 min read · 26 August 2026Promoter shares vs ordinary shares in Nepal
Why two share classes of one company trade at different prices: the three-year lock-in and the transfer rules.
5 min read · 26 August 2026Debentures and corporate bonds in Nepal
Fixed interest, fixed term, listed on NEPSE. How they differ from shares and deposits, and what SEBON has drafted.
6 min read · 26 August 2026How to start a SIP in Nepal
A fixed amount into a mutual fund every month. How to set one up, what it costs, and what it does not protect you from.
6 min read · 26 August 2026Open-end vs closed-end mutual funds in Nepal
One lists on NEPSE and trades below NAV. The other is bought at NAV. Why the discount exists and which suits you.
6 min read · 26 August 2026
Put it to work in the app.
Live prices, your MeroShare holdings and what a sale leaves you after tax. Free on the web, iOS and Android. How-to guides for the app.